Avida Chooses Quiddly’s Factoring Software – Better Customer Experience and More Efficiency

Eskil Myrmo, Nordic Product, Process and Operations Manager at Avida

In this article, we meet Eskil Myrmo, Nordic Product, Process and Operations Manager at Avida. We’re covering grounds such as the software and partnership.

The lion’s share of Eskil’s background is from DNB in Norway, and for the last 8 years, he was the head of Factoring. After building LeaBank’s fully digital corporate banking unit, he moved to Avida in 2022. His vision is to turn Avida into a modern market leader that offers world-class customer experiences through traditional channels, partners, and embedded solutions.

Empowering Smart and Profitable Growth

Avida has been a niche player within financial services since 1983. They operate in Sweden, Norway, and Finland, and employ around 160 people. The Avida Business Finance unit is a working capital partner to corporates – empowering smart and profitable growth with a combination of factoring services and corporate loans.

Software to Transform the Factoring Industry

Avida uses the Quiddly platform, built on a state-of-the-art core module combined with factoring functionality. The setup is enhanced with advanced modules for insurance, delivery verifications, bookkeeping, templates, and workflows. Additionally, Avida has played an integral role in developing new advanced features utilizing AI. This showcases their dedication to driving the factoring industry forward, making them a great cultural fit for Quiddly.

Quiddly drew our attention due to modern technology such as a cloud and API-based solution. In addition, Avida found a partner that have a vision of transforming the traditional factoring industry.
– Eskil Myrmo

The reason that the choice fell upon Quiddly for Avida’s new factoring management system is a combination of technology, effects, and partnership. Eskil underlines that with Quiddly’s platform, they can become more efficient in their day-to-day operations and at the same time deliver a better customer experience. Avida’s ambition is to become a leading working capital partner for corporates in the Nordics, and with Quiddly’s platform, they’re several steps closer.

Quiddly has, from the very beginning, shown an ability to listen and bring new ideas. But most of all, Quiddly shows that they want to be a partner to Avida, not just a supplier.
– Eskil Myrmo

Want to learn more about Quiddly’s Factoring software?

At Quiddly we develop and license complete cloud based systems for Factoring, Invoicing and Debt Collection. Our concept is simple, but the solutions are advanced.

Pick & Mix from our modules to lay the foundation for your fintech machinery. Add additional functionality by choosing from our vast and continuously evolving library of addons and integrations. Enjoy quick time to market and the possibility of custom development. Don’t lose, only pay for what you use. It’s that simple!

Our solutions supercharge the whole organization, all the way from management, to operations and tech. We have specialists inside Quiddly that are used to communicate with these different key functions and maximize the output of our solutions.

Feel free to visit our solutions page to learn more about our three modules for Invoicing, Factoring and Debt Collection.

Explore our factoring solution

Categories for this post:
CaseCompanyNews